# Soy Crop Held Back; No Dramatic Effects On Barge Movements - The Waterways Journal

> A USDA grain storage report from September 28 showed farmers holding large soybean stocks, with old-crop stocks on September 1 at 438 million bushels, up 45 percent year on year, as they withhold beans amid the US-China tariff dispute. US soybean prices at New Orleans fell 20 percent from June to September. Barge soybean movements were slightly above last year's level for the week ending September 22.

- Date: 2018-10-05 · published 2018-10-05T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/62420-soy-crop-held-back-no-dramatic-effects-on-barge-movements-the-waterways-journal
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Barge Freight (St. Louis)](https://feedsoft.ai/c/BARGE.md)

## Why it matters

Heavy farm and off-farm storage with weak export demand from China pressures soybean and meal prices, while the stock overhang limits near-term barge volumes. Lower soybean values also reduce the cost of soymeal for feed buyers.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼
- BARGE: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2019-05-24 | [Barge Outlook ‘Cautiously Optimistic’ Despite High Water, Tariffs - The Waterways Journal](https://feedsoft.ai/events/58983-barge-outlook-cautiously-optimistic-despite-high-water-tariffs-the-waterways.md) | +6.8% | +9.9% |
| SOY | 2018-04-03 | [MARKET WATCH: NYMEX, Brent crude prices drop on US-China trade tensions \| Oil & Gas Journal](https://feedsoft.ai/events/10844-market-watch-nymex-brent-crude-prices-drop-on-us-china-trade-tensions-oil-and.md) | +1.1% | +0.2% |
| SOY | 2019-01-08 | [Dry Bulk Shipping: The Effect of the Trade War](https://feedsoft.ai/events/61285-dry-bulk-shipping-the-effect-of-the-trade-war.md) | -2.4% | +0.9% |
| SOY | 2019-05-29 | [Local ports see 'dramatic hit' to soybean exports during US-China trade war](https://feedsoft.ai/events/59104-local-ports-see-dramatic-hit-to-soybean-exports-during-us-china-trade-war.md) | +3.0% | +5.5% |
| SOY | 2018-03-08 | [Sunflower markets see upward movement again - High Plains Journal](https://feedsoft.ai/events/66101-sunflower-markets-see-upward-movement-again-high-plains-journal.md) | -2.5% | -2.3% |
| SBM | 2019-05-29 | [Local ports see 'dramatic hit' to soybean exports during US-China trade war](https://feedsoft.ai/events/59104-local-ports-see-dramatic-hit-to-soybean-exports-during-us-china-trade-war.md) | +2.6% | +0.9% |
| SBM | 2023-03-24 | [GRAINS-Soy at 5-month low on big Brazil crop, wheat rallies on Black Sea doubts \| Kitco News](https://feedsoft.ai/events/36887-grains-soy-at-5-month-low-on-big-brazil-crop-wheat-rallies-on-black-sea-doubts.md) | +3.2% | +1.1% |
| SBM | 2025-09-20 | [India’s oilmeal exports drop 12% in August as soybean meal shipments slip  - The HinduBusinessLine](https://feedsoft.ai/events/22988-india-s-oilmeal-exports-drop-12-in-august-as-soybean-meal-shipments-slip-the.md) | -4.4% | -1.1% |

## Sources

- waterwaysjournal.net: https://www.waterwaysjournal.net/2018/10/05/soy-crop-held-back-no-dramatic-effects-on-barge-movements/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.